A U.S. District Court judge who four years ago denied class action certification to seven Nucor Corp. employees who claimed they were discriminated against has reversed his ruling. Judge Weston Houck, who in August 2007 denied class certification to the plaintiffs in ...Read More »
A European company that makes connectors and other electronics parts has moved its U.S. headquarters from New Jersey to Charlotte. Neutrik USA, part of Liechtenstein-based Neutrik AG, now operates at 4115 Taggart Creek Road. Neutrik USA President Pete Milbery, in a Feb. 11 Q&A on the ...Read More »
Snyder’s-Lance said it plans to convert its company-owned direct-store delivery routes to an independent operator structure over the next 12 to 18 months. The Charlotte-based snack food maker said the conversion will be rolled out on a market-by-market basis. Snyder’s-Lance said ...
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The Mecklenburg Times has won six awards, including two for first place, in the North Carolina Press Association’s 2010 news, editorial and photojournalism contest. The awards were presented Thursday during a ceremony at the Carolina Club in Chapel Hill. One ...Read More »
In many people’s minds, Charlotte is still Banktown. So says a survey conducted as a starting point for a public relations campaign launched this year by the Charlotte Chamber of Commerce, Charlotte Center City Partners and Charlotte Regional Partnership to ...
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In Davidson, an ordinance is pitting developers against town officials. At the crux of the conflict is a section of the town’s planning ordinance that is requiring the developer of Summers Walk, a master-planned residential community, to cover the cost ...Read More »
Charlotte-based SPX Corp. today said it has entered into an agreement to buy the assets of U.K.-based Teradyne Inc.’s Diagnostics Solutions division. The terms of the purchase were not disclosed. Diagnostics Solutions has operations in Manchester, Brussels, Munich, Detroit and Tokyo. It ...
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SPX Corp. this morning reported that it had earnings in the fourth-quarter of 2010 and for the year as a whole. During the three-month period that ended Dec. 31, the Charlotte company recorded net income of $65.3 million, or $1.29 per share. ...Read More »
Growing demand has prompted truck manufacturer Freightliner to announce plans for 628 new jobs at two Charlotte-area plants. The company said today that it plans to fill 447 manufacturing jobs and 27 administrative positions at its factory in Mount Holly. ...Read More »